The Board of directors

The Board of Directors of the Arkema group is presided by Thierry Le Hénaff. It has 13 members and complies with the principles of governance set forth in the AFEP-MEDEF Corporate Governance Code of Listed Corporations.

Composition of the Board

The Board of directors is presided by Thierry Le Hénaff. It consists of 12 other members, a director who permanently represents shareholder Fonds Stratégique de Participations (FSP), a director representing employee shareholders and a director representing employees 9 directors are considered as independent and 6 are women.

Powers of the Board

"The Board was established in the present manner so as to enable Arkema to benefit from the skills as well as the varied and complementary experience of its members."

Thierry Le Hénaff,

Chairman and CEO of Arkema

The biographies of the Board of directors

Thierry Le Hénaff

Chairman and Chief Executive Officer

Thierry Le Hénaff, born in 1963, holds degrees from Ecole Polytechnique and Ecole Nationale des Ponts et Chaussées and a Master’s degree in Industrial Engineering and Engineering Management from Stanford University in the United States. He is a Chevalier de l’Ordre National du Mérite, as well as a Chevalier dans l’Ordre National de la Légion d’Honneur.

He has been a member of the Board of Fondation de l’Ecole Polytechnique since 2016 and also member of the Supervisory Board of Michelin Group since May 2018.

After starting his career with Peat Marwick Consultants, he joined Bostik, Total’s Adhesives Division, in 1992, where he held a number of operational positions in France and worldwide.

In July 2001, he was appointed Chairman and Chief Executive Officer of Bostik Findley, the new entity resulting from the merger of Total’s and Elf Atochem’s Adhesives divisions.

On January 2003, he joined Total Chemicals’ Executive Committee and then Total’s Management Committee in 2004.

He has been Chairman and Chief Executive Officer of Arkema since the initial public offering of the company in 2006. The Group is listed on the French Stock Exchange in Paris.

Date of first appointment: 2006Date appointment expires: 2020

Yannick Assouad

Non-Executive Independent Director

Mrs Yannick Assouad is Chief Executive Officer of Latécoère group since November 2016.

Born in 1959, Mrs Yannick Assouad is a graduate of the Institut National des Sciences Appliquées of Lyon (France) and holds a PhD in aeronautical engineering from the Illinois Institute of Technology (ITT) in the United-States. She is Chief Executive Officer of the Latécoère group.

She started her career in 1986 with Thomson-CSF (now Thalès) where she was head of the thermal and mechanical analysis group until 1998. She served then successively as Technical Director and then as Chief Executive Officer of SECAN, subsidiary of Honeywell Aerospace before being appointed as Chairman. In 2003, she joined Zodiac Aerospace, as Chief Executive Officer of Intertechnique Services, a post she held until 2008. Appointed to Zodiac Aerospace’s Executive Committee that same year, she was selected to create the group’s Services business segment, which she headed until 2010, when she was appointed Chief Executive Officer of its Aircraft Systems segment. In May 2015, she was appointed Chief Executive Officer of Zodiac Aerospace’s newest segment, Zodiac Cabin. She has been appointed Chief Executive Officer of Latécoère group in November 2016.

Mrs Yannick Assouad is an independent director of the Board of Directors of Vinci.

Date of first appointment: 2017

Date appointment expires: 2021

Jean-Marc Bertrand

Director representing Shareholder Employees

Jean-Marc Bertrand, born in 1958, is a graduate engineer from CESI (Centre des Etudes Supérieures Industrielles). He is currently Project Manager within the I.T. Infrastructures Department of Arkema’s I.T. Division iTeam. He is member of the Supervisory Board of the company collective investment fund (Arkema Actionnariat France).

After holding a number of posts in an Alsthom group company from 1980 to 1985, and then at CEGOS, Jean-Marc Bertrand joined the Group in 1989, via the company Pennwalt France where he held various positions in I.T., and in 2006 joined Arkema as FO Head of Department (team in charge of user tool architecture: workstations, smartphones, etc.) within the I.T. Division.

He has since held a number of functions within the I.T. Division. He has also held various roles within personnel representative bodies, in particular as CFE-CGC trade union representative and as secretary to the Arkema France Central Works Council.

Date of first appointment: 2018Date appointment expires: 2022

Marie-Ange Debon

Non-Executive Independent Director

Born in 1965, Marie-Ange Debon is a graduate of the École des hautes études commerciales de Paris (HEC) and the École nationale de l’administration (ENA), and holds a master’s degree in law.

Prior to joining Suez Environnement in 2008, Marie-Ange Debon has served in various positions in both the public and private sectors: Auditor and Special Advisor to the French Audit Commission (Cour des comptes) from 1990 to 1994 and deputy executive Vice President of France 3 from 1994 to 1998. Mrs. Marie-Ange Debon joined the Thomson group in 1998 as deputy Chief Financial Officer and became Company Secretary, member of the executive committee in July 2003. In 2008, she joined Suez Environnement as Company Secretary in charge of legal affairs and auditing, and took over responsibility for Water and Waste Projects, information systems, risks / investments, insurance and procurement as from 2009. Since March 2018, she is CEO France of Suez, and Group Senior Executive VP in charge of France, Italy and Central Europe.

She has been a member of the Collège de l’Autorité des marchés financiers (French financial markets authority) from 2008 to 2014 and Chairwoman of the corporate law commission of the MEDEF between 2009 and 2013. Mrs. Marie-Ange Debon is an independent member of the Board of Directors of Technip and Chairwoman of its audit committee.

Date of first appointment: 2018

Date appointment expires: 2022

François Enaud

Non-Executive Independent Director

Born in 1959, François Enaud is a graduate of France’s École Polytechnique and École Nationale des Ponts et Chaussées engineering schools. Between 1998 and March 2015, he was successively Chairman and Chief Executive Officer of Steria SA, Chief Executive Officer of Steria Group and Chief Executive Officer of Sopra Steria Group.

After spending two years as a works engineer at Colas (1981-1982), François Enaud joined Steria in 1983 where he has held several senior management positions (Technical and Quality Divisions Manager, Chief Executive Officer of a subsidiary, Transport Division Manager, Telecoms Division Manager) before being appointed Chief Executive Officer of Steria.

Date of first appointment: 2006Date appointment expires: 2019

Alexandre de Juniac

Born in 1962, M. Alexandre de Juniac is a graduate of the École Polytechnique de Paris and the École nationale de l’administration (ENA).

M. Alexandre de Juniac began his career at the French Council of State (Conseil d’État,) between 1988 and 1993, where he served successively as auditor, Counsel (Maître des requêtes) and then as deputy General Secretary. From 1993 until 1995, he was technical advisor and then deputy Chief of Staff to M. Nicolas Sarkozy, Minister of the Budget. In 1995, he joined the Thomson SA group (now Thalès) as Vice-President in charge of planning and development. In 1997, he was appointed as commercial Vice-President of Thalès Avionics, then Company Secretary of Thalès (1999-2004), deputy senior executive Vice-President of Thalès Air Systems (2004-2008) and finally senior executive Vice-President for Asia, Africa, the Middle East and Latin America in May 2008. Between June 2009 and September 2011, he has been Chief of Staff to Mrs. Christine Lagarde (Minister of Economy, Finance and Employment). From 2011 to 2013, he has been Chairman and CEO of Air France and then, up until July 2016, Chairman and CEO of Air France-KLM. M. Alexandre de Juniac has moreover been member of the supervisory board of Vivendi between 2013 and 2017.

Date of first appointment: 2006Date appointment expires: 2019

Victoire de Margerie

Non-Executive Independent Director

Victoire de Margerie is a graduate of the Ecole des Hautes Etudes Commerciales (HEC) in Paris and of the IEP in Paris, and she holds a DESS in Private Law from the Université de Paris 1 Panthéon Sorbonne, and a PhD in Management Science from the Université de Paris 2 Panthéon Assas.

Victoire de Margerie has been Chairman and principal shareholder of Rondol Industrie, a micromechanics SME, since 2009. She previously held operational posts in industry in Germany, France and the United States within Elf Atochem, Carnaud MetalBox and Péchiney. Between 2002 and 2011, she also taught strategy and management of technology at the Grenoble School of Management. She serves as a director in a number of listed companies, including, Eurazeo, Morgan Advanced Materials (UK) and Italcementi (Italie).

Date of first appointment: 2012

Date appointment expires : 2019

Laurent Mignon

Non-Executive Independent Director

Laurent Mignon, born in 1963, is a graduate of France’s HEC business school and the Stanford Executive Program. He has been Chief Executive Officer of Natixis since May 2009.

In April 2018, Laurent Mignon has been designated as Chairman of the Groupe BPCE Management Board as from June 1, 2018.

From September 2007 to May 2009 he was Managing Partner of Oddo & Cie, alongside Philippe Oddo, in charge in particular of asset management (Oddo Asset Management), corporate finance (Oddo Corporate Finance), and financial control. Prior to this, Laurent Mignon was Chief Executive of the AGF group, and President of the Executive Committee and a member of the International Executive Committee of Allianz from January 2006 to June 2007. He joined AGF in 1997 as Finance Director, and was appointed member of the Executive Committee in 1998.

Later in 2002, he was given responsibility for investments at AGF Bank, AGF Asset Management and AGF Real Estate successively, and, in 2003, the Life and Financial Services department (asset management, banking activities, real estate) as well as Credit Insurance (Euler & Hermes Group).

Before joining the AGF group, for over 10 years he held a number of positions in the banking sector at Indosuez Bank and Schroders Bank.

Date of first appointment: 2006Date appointment expires: 2019

Hélène Moreau-Leroy

Non-Executive Independent Director

Born in 1964, Hélène Moreau-Leroy is a graduate engineer from INSA Lyon, and holds a Master’s in International Business Administration (University of New England, Australia). She is a certified supply chain professional (APICS).

Hélène Moreau-Leroy is Chairman and Chief Executive Officer of Hispano-Suiza (Safran Group) and member of the Executive Committee of Safran since July 1, 2013.She has held a number of management positions in R&D, project management, procurement and production in industrial groups, and spent 14 years of her career outside France in international posts. She joined the Safran Group in 2003 in the Group Purchasing Department of Snecma SA. She then oversaw the implementation of Messier-Bugatti Dowty’s supply chain in emerging countries before she became Executive Vice-President of Programs and a member of the Management Committee. In 2018, she is named Director of the Zodiac integration project.

Hélène Moreau-Leroy is also a member of the Steering Committee of the Groupement des Equipementiers de l’Aéronautique et Défense (GEAD) and a member of networks and associations promoting diversity in the workplace.

Date of first appointment: 2015Date appointment expires: 2019

Thierry Morin

Non-Executive Independent Director

Born in 1952, Thierry Morin holds a degree in management from the Université de Paris IX Dauphine and is Officier de l’Ordre National du Mérite, Chevalier de la Légion d’Honneur and Chevalier des Arts et des Lettres (Knight of the Order of Arts and Letters). He is also Chairman of the Board of Directors of INPI and Chairman of Thierry Morin Consulting.

Mr. Morin joined the Valeo group in 1989, where he held various positions (Chief Financial Officer for a business unit and senior positions for the group, Purchasing Division and Strategy Division) before becoming Executive Vice President in 1997, Chief Executive Officer in 2000, Chairman of the Executive Board in 2001, and then Chairman and Chief Executive Officer from March 2003 to March 2009.

Prior to that, he had been in charge of various functions at Burroughs, Schlumberger and Thomson Consumer Electronics.

Date of first appointment: 2006Date appointment expires: 2021

Nathalie Muracciole

Director representing employees

Nathalie Muracciole, born in 1964, holds a degree in Law from the Université de Créteil in France. She began her career in 1983 in the Total group as Executive assistant with CDF Chimie (which later became Orkem). She then became career manager of the Marchés Professionnels business unit of Sigma Kalon. After a few years as recruitment and employment manager with Mapa Spontex, she joined Atofina in 2003. She is successively Corporate training manager with Arkema in 2004 and then human resources and social relations manager for the headquarter between 2006 and 2012. She is in charge of change management in the context of the AMBITION project since 2012.

Date of first appointment: 2016

Date appointment expires: 2020

Marc Pandraud

Non-Executive Independent Director

Marc Pandraud, born in 1958, is a graduate of France’s ESCP business school. He has been Chairman of JP Morgan for France and Belgium since 2015.

Mr. Pandraud began his career as an auditor with Peat Marwick Mitchell (1982-1985). Subsequently he was Vice President of Bear Stearns & Co Inc. (1985-1989), Chief Executive of SG Warburg France SA (1989-1995), Chief Executive of Deutsche Morgan Grenfell (1995-1998), then Chief Executive in charge of investment banking (1998). He later joined Merrill Lynch as Managing Director of Merrill Lynch & Co Inc. (1998) and Chief Executive of Merrill Lynch France (1998) before becoming President of Merrill Lynch France (2005-2009). He was then in charge of Deutsche Bank’s activities in France from June 2009 until 2015.

Marc Pandraud holds the title of Chevalier de l’ordre national du Mérite.

Date of first appointment: 2009Date appointment expire : 2021

Fonds Stratégique de Participations

Non-Executive Director

The Fonds Stratégique de Participations (FSP) announced in July 2013 that it has taken a 6% shareholding in Arkema’s share capital. The FSP was created in 2012 by four major French insurance companies - BNP Paribas Cardif, CNP Assurances, Predica and Sogécap - to invest on the long-term in the share capital of French non-financial listed companies and to support them in the implementation of their strategy. It is represented in the governance boards of these companies

The FSP appointed as permanent representative Mrs Isabelle Boccon-Gibod, a person who is completely independent from the insurance companies that founded the FSP and from Edmond de Rothschild AM that manages FSP's funds.An engineer with degrees from the École Centrale de Paris and the University of Columbia in the United States, Isabelle Boccon-Gibod was Executive Vice-President of Arjowiggins and Executive Vice-President of the Sequana group. She chaired the Copacel (Union Française des Industries des Cartons, Papiers et Celluloses)until the end of 2013. Isabelle Boccon-Gibod is a member of the National Orientation Board (Conseil National d’Orientation) of BPI France and Vice-President of the Economic Commission of the MEDEF.